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Department of Financial and Management Studies (DeFiMS)

International management

Course Code:
15PFMC072
Unit value:
0.5
Taught in:
Term 1

The aim of this course is to show how multinational companies plan strategy within a rapidly changing business environment, when the subsidiary or other investment is located in Asia. It discusses factors constraining the exercise of control across the company.

The course first examines different aspects of globalisation, and conflicts between globalising and localising tendencies. Strategies designed to locate the company within different local environments have to balance the demands of its internal systems and the degree to which cultural and other factors in the local environment affect implementation of strategies planning. The contradictions are mist acute when strategy is designed by a multinational headquarters to be implemented in a joint venture, investment or subsidiary located in some other cultural setting.

Next, the course looks at needs for control in the relationship between headquarters and foreign investment, and focuses on how far technology and staffing policies reflect these needs. Finally, the course deals with practical issues of expatriate selection, training and support. Topics are illustrated with examples from Asian countries.

Objectives and learning outcomes of the course

This course aims to show how multinational companies plan strategy within a rapidly changing business environment, when the subsidiary or other investment is located in Asia.  It discusses factors constraining the exercise of control across the company.

The course first examines different aspects of globalisation, and conflicts between globalising and localising tendencies.  Strategies designed to locate the company within different local environments have to balance the demands of its internal systems and the degree to which cultural and other factors in the local environment affect implementation of strategic planning.  The contradictions are most acute when strategy is designed by a multinational headquarters to be implemented in a joint venture investment or subsidiary located in some other cultural setting.  The course examines need for control in the relationship between headquarters and foreign investment, and focuses on how far technology and staffing policies reflect these needs.  Finally the course deals with practical issues of expatriate selection, training and support.  Topics are illustrated with examples Asian countries.

Method of assessment

Assessment for this course is by one tutorial presentation at 10%; an essay of 4,000 words at 30%; an unseen written examination at 60% of the total grade; all elements except the presentation may be resubmitted

Suggested reading

Set Textbooks

TBC

Advised Textbooks

TBC

Advised Papers

TBC